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Adecoagro vs Corteva: revenue, profit, margins and growth compared

Adecoagro brought in $1.5B of revenue in fiscal 2024, Corteva $17.4B in fiscal 2025. Revenue changed by +16.9% at Adecoagro and +2.9% at Corteva on the year before, so Adecoagro grew faster. Adecoagro kept 6.1% of its revenue as net profit, Corteva 6.3%. Free cash flow was $68.1M at Adecoagro and $2.8B at Corteva.

Side by side, latest fiscal year

AGROCTVA
Fiscal year endedFY2024 (December 31, 2024)FY2025 (December 31, 2025)
Revenue$1.5B$17.4B
Revenue growth+16.9%+2.9%
Net income$92.3M$1.1B
Net margin6.1%6.3%
Free cash flow$68.1M$2.8B
Free cash flow margin4.5%16.2%
Earnings per share (diluted)$0.90$1.60
Cash$211.2M$4.5B
Debt$779.6M$782M
Price to earningsn/a49.1
Market value$1.5B$52.4B
Dividend yieldn/a0.89%
Rank by revenue in sector#51 of 93 · Consumer staples#15 of 93 · Consumer staples

Over the years

Revenue
AGRO FY2017: $933.2MAGRO FY2018: $793.2MAGRO FY2019: $887.1MAGRO FY2020: $817.8MAGRO FY2021: $1.1BAGRO FY2022: $1.3BAGRO FY2023: $1.3BAGRO FY2024: $1.5BCTVA FY2019: $14.3BCTVA FY2019: $13.8BCTVA FY2020: $14.2BCTVA FY2021: $15.7BCTVA FY2022: $17.5BCTVA FY2023: $17.2BCTVA FY2024: $16.9BCTVA FY2025: $17.4BFY17FY18FY19FY20FY21FY22FY23FY24FY25
AGRO $1.5BCTVA $17.4B
Net income
AGRO FY2017: $13.2MAGRO FY2018: -$24.6MAGRO FY2019: -$772KAGRO FY2020: $412KAGRO FY2021: $130.7MAGRO FY2022: $108.1MAGRO FY2023: $226.3MAGRO FY2024: $92.3MCTVA FY2019: -$5.1BCTVA FY2019: -$959MCTVA FY2020: $681MCTVA FY2021: $1.8BCTVA FY2022: $1.1BCTVA FY2023: $735MCTVA FY2024: $907MCTVA FY2025: $1.1BFY17FY18FY19FY20FY21FY22FY23FY24FY25
AGRO $92.3MCTVA $1.1B
Net margin
AGRO FY2017: 1.4%AGRO FY2018: -3.1%AGRO FY2019: -0.1%AGRO FY2020: 0.1%AGRO FY2021: 11.6%AGRO FY2022: 8.0%AGRO FY2023: 17.4%AGRO FY2024: 6.1%CTVA FY2019: -35.5%CTVA FY2019: -6.9%CTVA FY2020: 4.8%CTVA FY2021: 11.2%CTVA FY2022: 6.6%CTVA FY2023: 4.3%CTVA FY2024: 5.4%CTVA FY2025: 6.3%FY17FY18FY19FY20FY21FY22FY23FY24FY25
AGRO 6.1%CTVA 6.3%
Revenue growth
AGRO FY2018: -15.0%AGRO FY2019: +11.8%AGRO FY2020: -7.8%AGRO FY2021: +37.5%AGRO FY2022: +19.9%AGRO FY2023: -3.6%AGRO FY2024: +16.9%CTVA FY2019: -3.1%CTVA FY2020: +2.7%CTVA FY2021: +10.1%CTVA FY2022: +11.5%CTVA FY2023: -1.3%CTVA FY2024: -1.8%CTVA FY2025: +2.9%FY18FY19FY20FY21FY22FY23FY24FY25
AGRO +16.9%CTVA +2.9%
Free cash flow
AGRO FY2017: $38.6MAGRO FY2018: $11.4MAGRO FY2019: $69.7MAGRO FY2020: $88.6MAGRO FY2021: $149.4MAGRO FY2022: $152.3MAGRO FY2023: $193.3MAGRO FY2024: $68.1MCTVA FY2019: -$1BCTVA FY2019: -$93MCTVA FY2020: $1.6BCTVA FY2021: $2.2BCTVA FY2022: $267MCTVA FY2023: $1.2BCTVA FY2024: $1.5BCTVA FY2025: $2.8BFY17FY18FY19FY20FY21FY22FY23FY24FY25
AGRO $68.1MCTVA $2.8B

Fiscal years as each company reports them; the two may end in different months.

Questions about Adecoagro and Corteva

Which is bigger by revenue, Adecoagro or Corteva?

Corteva is bigger by revenue: $17.4B in fiscal 2025, against $1.5B for Adecoagro in fiscal 2024.

Which keeps more of its revenue as profit, Adecoagro or Corteva?

Adecoagro had a net margin of 6.1% in fiscal 2024; Corteva had 6.3% in fiscal 2025.

Which grew revenue faster, Adecoagro or Corteva?

In their latest fiscal years revenue changed by +16.9% at Adecoagro and +2.9% at Corteva.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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